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Huntington Housing Contractor B&O Tax Reduction
Huntington offers reduced B&O tax treatment for contractors building new residential units in the city.
About this program
The City of Huntington provides a Business and Occupation tax reduction for contractors constructing new housing units in Huntington. The incentive is part of the city's local economic development tools and is intended to encourage new residential construction and address housing supply needs. Eligible contractors may receive reduced B&O tax treatment on qualifying housing construction activity, subject to city approval and compliance.
Eligibility
Contractors and development entities building eligible new residential units in Huntington may apply for reduced B&O tax treatment.
Requirements
- Project must involve new residential unit construction in the City of Huntington.
- Applicant must be a contractor or development entity subject to city B&O tax on the qualifying activity.
- Applicant must provide project location, scope, number of units, construction activity, tax, and permit documentation requested by the city.